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. >> juliet: president obama continues to push for tax hikes on the rich. and france lost a bid to raise taxes and he want today raise to 75%. now, there weren't a lot of people he was focused on, really not that much money, he was going to raise, but the fact is he wanted the french judicial council, however, said it would have been excessive and unconstitutional. joining us-- >> sorry, dave. >> dave: and for tax foundation from the heritage foundation. >> juliet: good morning, curtis. >> good morning. >> dave: what's the deal here, the decision made is not unconstitutional, but bottom line, bad for the economy? i think we can learn from this? >> that's right, the court has bailed them out. and the tax increase, 75% rate was going to really damage the french economy. the french economy's already strugglingling and adding on the economy would be worse. >> i'm looking at it, expected to be a temporary two year measure and affect 1500 people and raise less than 661 million dollars. >> but the revenue we brought in, and what it would have done, it would have reduced the incentives, and working an
across america, the world, pouring in to show support. >> people from japan, cairo, egypt, france, poland. but everybody, even all over the united states here. >> reporter: from portland, oregon, 26 wreaths for each innocent life lost. and from sanford, north carolina, 26 christmas trees donated. >> through the strategy, i wanted them to feel love from all over. >> reporter: firefighter anthony carpenter helped line the trees along the entrance to sandy hook elementary. >> i would say within an hour, they were all decorated. >> reporter: from long island, new york, 26 ornaments. >> they are not alone. >> yeah. >> yeah, not alone. >> reporter: children from ft. stuart, georgia, sending toys to children in newtown in time. christmas. from all over the world, 2 million people signing this card online, offering their condolences and love. free hot coffee for the whole town from someone in los angeles. >> reporter: maxiline ramos manages newton general store and >> their lives will never be the same. it goes along way. >> reporter: maxiline ramos manages newton general store and says coffee wa
considered for an ambassadorship to either england or france. you can bet i have something to say. and i really do. california tax pain could be arizona's gain. we talked to a mayor who's trying to lure businesses away from the formerly golden state. a reporter with the sporting news doesn't like tattoos. and says most quarterbacks do not have them. now, he's being labeled racist because of those remarks. we'll talk to him next hour. yeah, he's here. remember, we want to hear from you, send you e-mails varney@foxbusiness.com and please comment on tattoos. i personally hate them. now, seven early movers-- somebody is olling their eyes off camera. and pep boys post a loss on weak sales and down it goes. the drug maker jereon, says it has stopped developing its treatment for brain cancers and cut the work force by 40%, there it goes. and dividends for the next three quarters and all of them early, the stock is now up. and profit rises at the home builder, toll brothers and the company said new orders rose sharply. up goes the stock. and tellabs, another special cash dividend. up it goes. t
. the government is dictating to the market what can be brought to the market. for example, france, belgium, outlawed fracking. melissa: wow. >> in years to come they will be more dependent on imports of natural gas. japan in the wake of fukushima is now downgrading its nuclear industry. in the future it will be become more dependent on these resources. the united states is embracing these resources so we're the united states and canada, for that matter are moving towards energy independence, europe and parts of asia are --. melissa: moving towards being more dependent. the problem china is having with the water is something we were suffering from this summer in the drought as well. is there a solution for that coming down the road? is there a way for recycled water for fracking instead of drinking? s seems like somebody would fix that problem? >> again this is part of the environmental concerns and are fantastic being brought to the fore, the industry here in north america is coming greater scrutiny. this technology has been around for 30 years. it is proven to be safe, but the greater the
from you again. but we didn't. quite the opposite. and we came together to france, they all chose humanity, instead of anarchy, instead of denial. and then i believe that my generation can teach some others. >> elie wiesel with the message of piece. that is the cbs evening news. merry christmas and good night. i'm brian hackney in for aln martin. we' christmas storm. rain co >>> good evening and merry christmas. >> we are keeping an eye on our christmas storm, rain coming down all over the bay area tonight. a live look at the traffic on interstate 80 at university avenue in berkeley. >> and here is a live look at california's great america in santa clara where the second annual global winter wonderland kicked of a couple of hours ago. >> let's go right to cbs 5's paul dana. >> it's been lit up like a christmas tree so to speak. this is three hours of history right here. look at the rain fall here moving east towards sacramento and central valley and we are looking at the rain fall continuing for a while. here is a look at what we have going on right now with the live radar. we'll
capacity by 11% since 2005. mary frances fagan works for american airlines, which canceled 377 flights on thursday. >> to the degree we have the capability of adding flights to very popular destinations we do that, and i'm sure other carriers that have that capability do as well. >> reporter: but not everyone is going to one of those very popular destinations, scott. and for those who are not, the message from the airlines is "patience, please." >> pelley: dean, thanks very much. we found another sign that the economy is recovering and we'll tell you about it next. tell you about it next. i have what science calls the nightly stuffy nose thing. i can't breathe, so i can't sleep. and the next day i pay for it. i tried decongestants... i tossed and turned... i even vaporized. and then i fought back with drug-free breathe right. these nasal strips instantly open my nose, like a breath of fresh air. i was breathing and sleeping better. [ female announcer ] exercise your right to breathe right. get two free strips at breatheright.com. hey it's your right to breathe right. get two free strip
. we have disagreements with canada on trade issues. we have disagreements with france and mexico and many other countries. there is a mechanism by which we can all go to neutral refereeing of those issues. the wto is one way that we can do that. [inaudible] >> i did not have a chance to read that article. am not familiar with everything that was mentioned in that article. two months before the election, there was this big tough-on- china -- >> the pivot was announced almost a year before that. what set of the discussion of the exhibit was the announcement -- pivot was the announcement of rotating 2000 marines throughout australia. i do not think china should be fearful of 2000 marines hit in australia. -- in australia. our engagement with other countries throughout the asia- pacific region will focus on more cultural, economic assistance as well as military collaboration. even with china itself, we're engaging more with china. this has been from the very beginning of the obama administration and is also part of the pivot. the pivot is not just focusing our attention on the other
is up, the ftse is up, the france, the cac in france has turned slightly down. but, again, this is a marginal loss of about three points. most of the major asian stock markets were higher overnight. and among the catalyst here, signs that china's recovery is gaining traction. sources say that the bank of japan will ease monetary policy this week and consider adopting a 2% inflation target no later than january. policymakers are seen responding to pressure from the incoming prime minister there. shinzo abe for stronger efforts to beat deflation. in the meantime, india's central bank kept interest rates on hold yesterday ignoring pressure to reduce borrowing costs. policymakers said they were shifting the focus to reducing the economy and that raises the odds of a rate cut as early as january. andrew olson, over to you. >> ubs reportedly nearing a fine of up to $1.5 billion. the bank is close to finalizing a deal with regulators according to the financial times. about three dozen bankers and senior managers are said to face criminal or civil charges. >>> and it's official th
, australia, france. i was amazed when i came to work here how many people from other countries come to visit our little town. >> and their little town's population has now blossomed to 60 residents. as clean tech job seekers stream into the area. >> it's terrific for me because it's sort of like i'm realizing my dream and doing something i really like doing that is turning into a business success. >> growman says he has more plans for town more solar panels. anything to get people within ecofriendly mind set to stop on by. harris back to you. >> harris: he has us talking about him so there you go. >> that's right. >> harris: anita, thank you. >> a warehouse filled with fireworks explodes killing one person and dozens of other person are hurt. it's our top story as we go around the world in 80 seconds. nigeria. it led to a massive fire in the country's largest city and their windows shook in homes files away. crews navigated through crowds. fireworks kept going off an hour after the initial explosion. some people reportedly suffered shrapnel wounds while others hurt putting out the flames. ka
in australia and france and the uk and happens in japan, but for some reason i don't see them grieving over 20 children that have been slain in their schools. that does come down to a question of our gun problem and gun culture and the way we cope with it. i know the families in this town when they are past their grieving and they never will be, but one of the things people want to do here in newtown united is to give them a platform and a voice and let's hear what they have to say. >> two things you mentioned. newtown united and the goals for the organization. you mentioned having knew or met nancy lanza. can you give impressions of her from meeting her? >> it is a small town and a bunch of us play tuesday night ultimate frisbee in one of the local playing fields. we want to have a beer and we go to this place called my place. you have seen it on the news. nancy was i don't want to say a regular, but she was there and i chatted with her. a seemingly pleasant person and i'm sure she was. that's it. that's how small towns work, right? when i wait and saw i knew a number of people who lost a lov
-kahn is also facing charges related to a prostitution ring at a luxury hotel in france. keith russell, news4. >>> accomplice cal experts say this could be the critical week in efforts to prevent the so-called fiscal cliff. danielle lee is on capitol hill, where lawmakers appear to be edging closer to an agreement. >> it's crunch time here in washington. analysts say president obama and speaker boehner have until the end of the week to reach a deal if lawmakers will get it passed by the friday before christmas. as a diesel engine plant, president obama stood his ground on the fiscal cliff. >> all congress needs to do is pass a law that would prehaven't a tax hike on the first $250 of everybody's income. >> the latest campaign stop had an announcement. business leaders warn this time of investment will suffer without a deal to avoid billions in tax increases and spending cuts next year. >> we have more than -- i think 103 ceos in town last week. the message was sit down, work it out. back in washington there's new momentum. yesterday p many p.m. and house speaker john boehner met one on one fo
of "vogue" could be named ambassador to the uk or france by president obama. very interesting. [ laughing ] ahh, cloudy glasses. you didn't have to come over! easy. hi. cascade kitchen counselor. look! over time, cascade complete pacs fight film buildup two times better than finish quantum to help leave glasses sparkling. cascade. the clear choice. with resolve deep clean powder. the moist powder removes three times more dirt than vacuuming alone while neutralizing odors for a clean you can see, smell and really enjoy. don't just vacuum clean. resolve clean. [ female announcer ] he could be the one. soulmate. husband. loving father to your children. but first you've got to get him to say, "hello." new crest 3d white arctic fresh toothpaste. use it with these 3d white products, and whiten your teeth in just 2 days. what will a 3d white smile do for you? new crest 3d white toothpaste. life opens up when you do. ♪ you're a mean one mr. grinch ♪ you really are a heel ♪ you're a mean one mr. grinch ♪ you really are a heel >> i love when his heart turns soft. [ laughter ] he has one. >>
in the world. france, 2.08. the u.s., 2.06, ireland, 2.01. in red, they're looking at next generations that will get smaller and smaller and smaller. the uk, well under 2. china, 1.55. we know they've actually implemented policies because they want to control population. in the bigger picture, fooling around with mother nature in this way could have hugely negative consequences. russia 1.43 and germany, 1.41. at the very bottom of the list, other than certain countries where the information is not available, the bottom of this list was singapore at .78. i know we're dealing with so many issues nowadays and i blow a gasket over many of them, whether fiscal cliff, unfunded liabilities, at some point, growth is the answer. when you start considering where the engines of growth have been and what their population declines may be, it makes one wonder, where is the horsepower from global growth will come from and this at some point needs to affect the picks in your stock portfolio. back to you. >> rick, i'll take it from you, rick santelli. >>> even starbucks is worried about the fiscal clif
and he was trained in demolition in france by the cia officers, he was trained in the secret writing and he was their greatest hope to assassinate castro. >> he turned out to be a double agent. he was working for fidel castro all along. the cia did not know this. the kennedys did not notice pittard i approved this i think beyond a reasonable doubt. i have sources from the cuban intelligence that sought documents in havana that proved this and there are declassified cia documents that give me the added assurance that he was a double agent working for fidel. he knew there for not only that the cia was trying to kill castro, but that bobby kennedy and therefore jack kennedy or behind the plodding. >> did you ever meet with him? >> i interviewed him in miami a few years ago. he shared some introspection with me. i asked him in particular why did you want to meet bobby kennedy? he told the cia candler by the way, he told the handler i want to meet with bobby kennedy. i want to hear from him that you all have the approval in this plot you have the approval of the highest american authoriti
of chartreuse." >> first of all, you are not saying it correctly. >> i'm married to a woman from france. i'm saying it correct. >> i just wanted to rip off the title because i thought it was such a stupid book. >> have you read the book? >> i read like the first seven chapters and after that -- >> was interest anything in there you hadn't already done yourself? >> no, believe it or not i'm actually fairly conservative when it comes to sexual e escapades and you have several nights before going to bed. >> seriously? >> no. if you're going to hit me, do it out in the open but i don't want to do it sexually. did you read the entire trilogy? >> it's just unreadable. why do women want to read this -- no offense to the author, she's made billions on it. it's one of the most badly written books -- >> why would you read that? >> out of pure curiosity. every woman i knew was reading it. i didn't get it. men would never read that stuff in a million years. >> it's a phenomenon. i don't profess to be a scholarly writer per se. i know my books are really silly and stupid but i at least think they're am
a work permit to work in this country. you can't go to belgium, france. you can't go to mexico and work without a work permit. and we're afraid to even have one. your thought, blake. why don't we even have the basic requirement of a work requirement -- of a work permit? >> actually, i agree with david in the sense that i think the election was actually a clarifying moment here. i'm not one to often say that oh, there were huge policy implications but -- >> got to go. >> from an election. but i agree with david that in this case it was clear there's got to be movement on this. >> i hope so. i really do. thank you, david winston. great guests. thank you, blake, same with you. we're watching "hardball" right now, the place for politics. [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ mal
. this is a thief in france. stole christmas presents from a car. he left his phone in that car. he wanted his phone back, so he want to the police to report a missing phone. guess who was at the station but the people who he just stole from? >>> and then this. you want the hangover cure. drumroll. it's asparagus. accord fog the institute of medical science in south korea, thank you, south korea, asparagus and the minerals found in there extract -- it helps filter. that is why your pee sometimes smells different after you -- i'm just saying. >> and we have plenty of unique polkas this past year. this one started with our maestro, barry mitchell. ♪ who needs flowers, who needs sweets ♪ ♪ it's the valentine's polka ♪ seems like just the 1% are making all the bucks ♪ ♪ like the vampire said the economy sure sucks ♪ ♪ that's the paula polka everyone sing. ♪ that's the paula polka ♪ we love to read your comments always in such a large amount ♪ ♪ you like us, we like you, it's the facebook polka ♪ ♪ it's late at night, you're wide awake and you're not wearing pants ♪ ♪ so e
. a penthouse in manhattan, homes in palm beach and the south of france, and yachts in both places. >> he was a big figure in the industry. he was the chairman of nasdaq. he was constantly being honored as "man of the year" of this organization and that. and that--that had an effect on me. >> both sons went to work as traders for their father's firm in the late '80s, a time authorities believe madoff's ponzi scheme was well under way. why would your father want to taint his sons by bringing into a situation that could, well, spell disaster? >> you know, that's-- that's a great question. and that's something that i really agonize over as a son. you know, what my father did was so horrible. and it's hard for me to-- hard for me to understand that. >> bernard l. madoff securities employed over 100 people, but it seemed like a family business. his brother peter and several cousins worked there. mark and andrew worked on the 19th floor of new york's lipstick building, where they legitimately traded securities for the firm and for outside clients. the investment advisory business--the ponzi sch
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france to tour deshame, lance armstrong's name is tarnished over doping allegations that haunted him for much of his cycling career. he is stripped of all seven titles. hulk hogan gets his hands outside the ring. his sex tape going viral this year. elmo puppeteer kevin clash resigning after 28 years, accused of having sex with underage boys. >> 9 clash 9 clash 9. >> and 9/9/9 all but forgotten. herr maine cane -- herman cain ending a presidential bid saying cheating rumors were ruining his marriage. arnold schwarzenegger with very public details on his cheating scandal. the 22-year-old kristin stewart admitting guessing too cozy with her director. john travolta has two male therapists file lawsuits against him claiming sexual assault. and the paparazzi getting, well, up close and personal with a topless sun-bathing kate middleton. >> what do you have to say about the verdict? >> 2012, one of the most infamous cases of sexual abuse. former penn state assistant coach jerry sandusky sentenced to at least 30 years behind bars for sexually abusing young boys. the late -- [inaudible] of th
, and spain and italy, and france. they all grow slow of the they have extremely high unemployment rates. we would have a slow economy and high unemployment forever if we taxed ourselves like that. gregg: all right. >> this idea that somehow you can't tax the middle class or we won't, it's impossible. if we keep --. gregg: that is a bad idea, right, i get it. i get it. vat. that i get. >> value-added tax is the worst thing. gregg: brian, what is the solution? >> yeah. i, well, if i were king for a day and told to make the economy grow faster, i would cut the size of our federal government. we need to cut spending everywhere because, the best our economy has done in the last 30 years is during the '80s and '90s. that's when ronald reagan and bill clinton cut spending. i would take the clinton tax rates, right now, i would take them. gregg: really. >> they won't hurt the economy, if, i got clinton's spending. he spent one-third less on federal government than barack obama is today, one-third less. we've increased the size of the government by over 33%. gregg:er hereby announce you king for a d
five, france. taxes are an issue there. i think the election of francois alaund and his rate on the top end as well as some of the other things he's doing in france, lowering the retirement age, this is sort of a litmus test in some ways and it's important. maybe richard can tell me i need to learn more about the british tax code. icons on the edge. a number of names you know at home, jcpenney, best buy stock has been hammered, the maker of the blackberry, once iconic, now struggling. >> they're gone. >> they're not gone. >> last one. congratulations. >> they're struggling, and i think it's the end of an era for some companies. the $25 billion bank settlement, a huge deal. some people said it was not enough. whatever your thoughts are, it was a big story. facebook, you remember them? they have come back in the last six weeks. everyone thought this was an ipo that was going to soar. >> who manages that company? >> mark zuckerberg. that guy right there. >> poorly, i would submit. >> he built it, so who are we to judge, right? maybe the public company is a different story, but that ipo flo
to consider 15% or something like that. france passed a thing if you go over $1 million a year, your taxes are low on the first million. after that, they are taking 75% of the money. they ought to throw a little bit of fear into these people. it just shows the control the wealthy have over the government in both parties. host: more from "the washington post." they write -- back to the telephones. derrick from maryland on the line for democrats. your thoughts about the fiscal clause bill. caller: i think they will do a good deal if they can keep mitch mcconnell out of there. one of the things i really have a problem with, that is when thing i say democrats, let's get the ground game for 2014. republicansd of the at enter the house. let's take the house and just ran it all down their throats. host: we will move onto glen on the line for independents. caller: here is the problem that we have a. we have people that are working hard for the american people. we have a constitution. we have deviated from the constitution. host: who are the people working hard for the american people? caller: the
'm meteorologist frances dinglasan, in for lisa argen. a clear and cool day. we will see more of the sunshine shortly and just get ready for another cool morning tomorrow. i will have your complete accuweather seven-day forecast coming up. here's a beautiful live view from mt. tam. abc7 news at
short. >> i had a chance to see a lot of my family in france. >> the holiday has been really good. >> i was here visiting my brother and our family was out of minnesota. >> for those of you who are leaving and for the most part of the airport manager told me that the are arriving flights are on time. if they stated that the only delays are for those that are headed to newark. they are at an hour delay. this is the pitcher perfect way to end a vacation is for you to our arrived home safely. >> officials have been scrambling to repair a levee in east palo alto that was breached during heavy rains over the weekend. crews placed sandbags where the san francisco creek topple the levy. sunday is the flooding forced people in seven homes to evacuate. kron4 alicia reid is in east palo alto with the latest period >> this has collapsed and the home behind it is clearly cleared out. >> a weekend of flooding caused-- >> the next couple of days our staff will be working with the owners in order to begin some of the repairs that are necessary. >> six other families were evacuated and there now and ho
lori rothman and melissa frances and in the next hour. there should be comments about what you have on your television screen. dennis: that is a former senator. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in thfirst place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wondero many investors are saying... [ all ] i'm with scottrade. %3 melissa: good afternoon, i am melissa francis. lori: i am lori rothman. the president saying we can get a fiscal cliff deal done in one week but wall street not so sure. recession warning coming up.
at this hour, there they, they're all down. not great in france, but germany down about .7% and the ftse down fractionally. other news out of europe, debt tieback for from an day to receive additional buyback offers. those would be at deeply discounted prices and that would help lower the country's debt lead. >>> in asia, stocks touched a 16-month high and closed mostly higher on the session with good gains, as you can see, with the kospi up the most, 1.5 points. >> strong nebs out of china which suggest maybe the economy is rebounding more than expected. >> the exports. >> yeah. >> among the catalyst in asia trading today, economic stats out of china. export growths slowed sharply to 2.9% in december. that news j underscores the global headwinds dragging on the economy. but the chinese economy is showing solid signs of a pick up in domestic activity. industrial output was stronger than expected. the country has been saying for years it needs to shift a little bit from the export model the internal consumption. let their middle class grow and not be nearly as dependent on exports. and china's
a bit of a decline for germany and france and modest moves across all of these markets. the bank of japan easing monetary policy again today, announcing an increase of its asset buying and lending program by more than $118 billion. that move was widely expected as part of the reason that you had seen the yen under quite a bit of pressure, yesterday, at least. you'll see right now that in japan, the market there actually closed down by just over 1%, 1.2% almost. the hang seng and the shanghai composite were slightly higher. oil prices this morning, you'll see right now, are down by about 4 cents to $89.94, so you have things to pick up in those prices over the last couple of days. and the ten-year note at this point which yesterday was yielding above 1.8%, dropping down to 77.2%. finally, take a look at the dollar and gold. yen is at 83.99. gold prices this morning with all these movements in the currency markets up by about $1.10. >>> winter storm draco is moving across the united states threatening retailers and holiday travelers. paul, we know that sometimes the storms could be
and i were in the same town in france at the same time in college. >> are you kidding? >> you've got parallel parking, popping the bottle, popping matt on the rear end. take notice. coming out hot. >> same thing happened to my career. don't worry. we talked about the differences between men and women. they say that men have a much easier time when you're at the mall and you park your car. you go in and shop, come out, tracking it down. they say women have less, i don't know, spacious direct? >> really? i would think the opposite. i think women are more organized. my wife, anyway. i have to do a device. if we are on level 5 section f, i have to park under the sign with an "f" on it. my friend dennis was number five in high school and add an "f" to it. i'm not the quickest. what about you? >> i don't remember where i parked anything. you know what i realize? i remember less and less about everything. i was in a show and someone sat next to me and he said hi, and you're please, something. i couldn't remember anything about this guy. i felt like i just met him for the first time and i ha
states army in the great world war i. he wanted to get to france as soon as he could and so he volunteered to be in the ambulance service. what he did when he got to europe was rescue and pick up other dough boys in europe out of those trenches and get them behind, take them back behind american lines so that they could be taken care of their wounds and he also picked up many of our americans, 114,000 to be exact that died in the great world war i. he was allowed or was able to come back to america alive he made it through the war. although many, as i mentioned, did not. many americans when they came home from the great war over there, as cohen said, difed the new. they picked up in europe in fact many of them a great number of them depride the spanish flu, almost as many as died in europe itself. frank buckles then went to work and during his work, he went to the philippines. when he was in the philippines, the japanese invaded in world war ii. he was captured and put in a prisoner of war camp for three and a half years. he was about to be executed and the americans came and l
that president obama is considering appointing her to the ambassador of the united kingdom or france. cnn correspondent and resident fashionista, hope you don't mind, you are, alina cho in new york. >> always flattering me. >> why would anna wintour want the job? she's kind of busy as it is. >> she most certainly is very busy. you're talking about the most powerful person in fashion, brooke, as you know. this is a story that has been out there for quite some time. it was long rumored, talked about quite a bit in fashion circles during the campaign. and it was said that she might be given the post of u.s. ambassador to the uk. and anna wintour after all is british. and the guessing game even began as to who might replace her at vogue. those rumors over the past several months actually had died down, brooke, until today. but you can imagine why people are talking about this. listen, as one writer put it, the tea party has the coke brothers. mitt romney had bain capital, but only president obama has anna wintour. this is a woman who was one of the president's most powerful boundlers of donat
leaving the national effort for taxpayers. with germany and france, we have taken this work forward. and we will make it an important priority of our presidency next year. in total, we expect the action we announce today will increase the amount of money collected from tax evasion and avoidance by a further 2 billion pounds a year. fair and necessary. it is not enough by itself. we need to ask more from the other half. punitive tax rates do nothing to raise money and discourage enterprise and investment in britain. other countries are trying that approach on our doorstep, and they are paying the price. we are not going to make that mistake. in the first year, tax revenues from the rich will buy 7 billion pounds. a number of people declaring income was over a million pounds and fell by half. he tax rate on the rich, the rate is a tax con. we will have a tax that supports enterprise and we will raise more money from the rich. here is a simple fact. the richest will pay a greater share of income tax revenue is in every single year of the coalition government, and in any one of the 13 y
for the time. the jefferson checks kim regime promoted democracy, localism and the sense of conflict in france, spain, great britain and mexico. they were found on the issue of slavery in the territory and southern nationalism. when you think about the jefferson-jackson party formation what they had was truly affect. bottled up along the eastern seaboard and they gained control over course of 50 years of the entire continent, the pacific. there is no possibility is that americans could settle that territory of the time. the the united states gained control of the arizona territory in 1846. it didn't become a state until 1914. the louisiana purchase the would begin to settle it in the 1850's when the slavery issue for the country apart. the republican regime orchestrated the industrialization of the nation based on the concept of economic liberty, the tariff and the gold standard. in 1865 the united states was an agricultural country about 30 million. when they were overthrown and was a highly industrialized country and probably the most prosperous country in the world. that wasn't six ackley
to the assad regime. >> the u.s. joins britain, france and turkey in recognizing the syrian opposition. >>> michigan the cradle of the organized labor movement, is now a right to work state. last night michigan governor ri rick snyder kept his word and signed the bill into law despite thousands of protesters. >> this is an area where obviously people disagree but i'm confident this is in the best interest of michiganers. this will lead to more and better jobs. >> the legislation means public and private sector workers in michigan will not have to join a union or pay union dues if they choose not to. >>> hugo chavez is recovering from six hours of surgery in cuba this morning, this is the fourth cancer-related operation for the venezuelan president since the summer of 2011. his vice president tells the people of venezuela the procedure on chavez was complex but completed successfully and correctly. >>> close encounter of the asteroid kind. two ast roits buzzed earth, one of them passing inside the earth's orbit. one came been 140,000 miles of our planet. the cool part it caused an eclip
team doping scheme in the history of sports. armstrong, stripped of his tour de france titles and resigned from his cancer foundation. >> two words. jeremy lin. >> lin-sanity. >> can you believe this is happening? >> no. >> at the start of the year jeremy lin was a harvard grad trying to make it in the nba but over the course of ten days in february the asian american became a global sensation as he led the new york knicks on a seven-game win streak and single handedly reinvigorated a franchise that had fallen on tough times. >> four hours away from the big opening ceremony. >> you can really feel the buzz in london. >> for two weeks in summer the london olympics took center stage with barrier breaking performances. michael phelps who became the most decorated olympian of all time, american gabby douglas the first black woman to win the gymnastics individual all-around title. south africa's oscar pistorius the first double amputee to compete in the olympics and the female athletes from saudi arabia and qatar who were allowed to be competing in the olympics for the first time.
with france a decade ago when they supported saddam hussein. and believe me mexico will suffer, because a lot of americans feel the way i do, that this cannot stand. but i'm more upset about secretary clinton and president obama. if they are going to be ponchus pilate and wash their hands, they are going to have a problem with me. the president is the commander-in-chief. this is one of your guys. you have the power to get him out, mr. obama. get him out. martha: his family is obviously very worried about him. he has post-traumatic stress disorder. he has been through a program, he was trying to take some time off. we hope they hear your pleas on this bill. i know you'll stay on it as ferociously as you always do and we'll stay on it as well. thank you bill. bill: sometimes the public pressure makes a difference. jenna lee rolls our way in ten minutes. what is happening, jenna. jenna: as both republicans and democrats conduct this dramatic public theater on taxes and spending and the fiscal cliff is either side really addressing the root problems facing the country? one of of the most respecte
accused now of participating in a prostitution ring run out after luxury hotel in france. >>> 11-year-old boy in utah could face criminal charges after he brought a gun to school. the sixth grader said he wanted to protect himself from a newtown-style school shooting. jon: some new information on the closed-door hearings on the benghazi terror attack after a skathsing new report about what went wrong. an independent panel finds security at the u.s. mission in libya was grossly inadequate to deal with the september 11th attack. four americans were killed including our ambassador there. the report was highly critical of the state department for quote, systemic failures and leadership and management deficiencies. joining us now ambassador john bolton, former u.s. ambassador to the united nations and a fox news contributor. ambassador bolton, hillary clinton publicly said the buck stops with her on this, you know, security problem that led to the four deaths. this report suggests that nobody should be held responsible. i mean it talks about all of these problems but, doesn't lay the blame
for democrats. caller: how are you? good morning. well, france has a luxury tax of 75%. they're fighting a renouncing it is unconstitutional. i guess if we're going to go off the cliff, we will go off the cliff. the pen is mightier than the sword. the people that put us there, get rid of them. as all i can say. host: do you think going to a luxury tax would be the way to go? caller: i think so. the comparative luxury tax on the big yachts on the water down in florida. -- they can put a luxury tax on the yachts on the water in florida. guest: i think it is useful to step back. what happens if we go over the fiscal cliffs or even we get the type of deal that the president is looking for? what we are talking about is the top individual income-tax rate rising from 35% to 39.6%. that was the same texture that we had before 2001. -- that is the same tax rate that we had before 2001. we do not need to be up at the 75% level. i would not advocate that we go to the 75% level. that is not really where we are. that is not where we need to be. host: we hae a tweet. guest: the payroll tax is basicall
, gabriel. they've had a protracted custody battle. she wanted to get full custody and live in france. that was denied. there's a lot of friction there and it came to a head when gabriel came over on thanksgiving day and got into a fight with olivier martinez, her current fiance. >> it wasn't just a fight. it was a brawl. >> grown men fighting over halle berry and this -- >> there it is. >> there's gabriel aubrey. >> then we released that photo and i pulled it up on my blackberry, i audibly gasped. i couldn't believe it. >> that's a classic movie-making black eye. olivier martinez, he's small but packs a punch. he's a boxer. gabriel i don't think knew what he was getting into with this fight. things have calmed down with them. they haven't disclosed the new arrangement. things are quieter. halle's in paris right now for the holidays. >> with olivier? >> yes. >> never a dull moment in your world. >> 2013, we'll see what has. >> i'm sure there will be plenty more scandals. bradley jacobs, senior editor for "us weekly." we'll see what happens. drew? >>> coming up, what the fbi was doing
his shot of becoming france's president. >>> there has been a huge drop in gas prices. 46 sentcents a gallon. ali velshi says they could even drop more. >> a lot of it depends on what happens to the price of oil and that is going to depend on what happens in the world economy. there are two things happening right now that we need to think about. one is the fiscal cliff and recession in europe if things continue to slow down economically, we'll see less demand for gasoline and if there's more tension in the middle east, we'll see higher prices for oil. so those are two things that could affect the price of oil which will affect the price of gasoline. >> the average price at the pump is now down to $3.38 a gallon. the price of a gallon of gas is something that i have always tracked. it's kind of a game i played with my father. who could play the cheapest gas in town. >>> so what went wrong for republicans on election day? the gop is now planning what some are calling an autopsy with prominent members in charge of trying to pinpoint problem areas. that, next. capella university underst
, though, has been one of the more outspoke nn france about high tax rates overtime and even warning sarkozy about raising taxes. i'm sure if anyone, he's happy to make this an issue. >> did you see his net worth, supposedly? 120 million and i don't know whether that's euros or dollars. he's made a lot of movies. he's very charming in the airplane, if you remember. >> joe, are you skulking at $120 million of in the net worth? am i what? >> can you scoffing, saying that 120 million is extraordinarily low? >> no. she's hearing the audio from the audio room. >> no, that wasn't me. that was a sound track of a french guy that we ran long ago on the show. no, i -- god bless him. for an actor to accrue that much i think is great. and i like him. i like his movies. i think he ought to get going and order salad a few more times, but -- >> didn't he have a problem in an airplane? >> i think that was him, yeah. the aisles were clogged. thanks, kelly. yeah, you're right. i hate the when that happens. it's been more than a month sips the election. next we'll have the post election nnz "wall stree
're not being impacted at this stage. we are in the france, uk and spain and all of our businesses are growing in each market. we're hiring in all of those markets. anybody who wants to know. >> have you changed the mix of samples depending on the economic environment? for instance in 2008 did you have maybe a lower end price point product as well as a higher end or no? >> that's one thing about the beauty industry, trends are always changing. it's an accessible luxury. you've heard of the lipstick effect. when the company goes down people want to treat themselves. one thing we've seen this year is male trends. nail polish, nail art. >> carl loves nail polish. he just loves it. >> what are all those people who give out samples in department stores going to do when you put them out of business? >> they're doing something different. department store sampling and sampling in stores is a loyalty moment. it's not a great thing to do for customer acquisition. you still have to get a customer to walk up to you. we're doing something really different. it's customer acquisition and it's in a very targe
on this day after christmas. the uk and france among those celebrating foxing day. we start off with, what else, retail. dips in spending in the mid-atlantic and northeast regions. luxury sales also weak. >> we're coming off the worst christmas eve for the dow since 2006. as the president cuts short his hawaiian vacation to deal with the fiscal cliff, just five days to go until we go over. >> threatening both coasts with workers snubbing up best and final contract offer. >> and more on the home front. we'll have more on the data and whether it can keep one of the best performing sectors of 2012, home builders going in 2013. >> data showing what some experts say is the slowest growth in spending since the 2008 recession. according to mastercard, spending polls units through christmas eve, retail sales rose just .7% from the year before. the national retail federation says it is forecasting a 4% jump in sales. we'll continue to get trickles of data as we progress through this last week. it is still an important week, the final week before the new year in terms of retail sales for these guys.
. london closed at 12:30 p.m. local time. france at 1:00 p.m. local. germany, italy, switzerland all closed for the day. markets in asia seeing some fairly calm preholiday sessions. here is a look at the hang seng and the nikkei as they performed overnight. or not. there they are at the bottom. all right. meantime former italian prime minister silvio berlusconi is sitting down with cnbc italy over the weekend saying he does not want to run for prime minister but is obligated to. our chief international correspondent joins us with more. we need a lesson on italian politics. what's going on? >> well, silvio berlusconi the former prime minister of italy so colorful with his convictions for fraud, sentenced to time in jail but nobody thinks he will. he is going to marry his 27-year-old girlfriend though he is not fully divorced. he is 72. here is sitting down with cnbc italy. yes, we do have a cnbc italy, quite powerful in italy. and he says, oh, he did not want to run for prime minister again but people have been twisting his arm because when he looked at the data, carl, he is the only one who
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